Aramco advances plan to lease out pipelines
The cash-strapped Saudi NOC is looking to replicate the recent divestment success of its Emirati counterpart Adnoc
While Aramco has paused talks on several large commercial transactions, it is proceeding with plans to cash in on its pipeline business. Several high-profile projects were put on hold or cancelled altogether during the first half of the year as the company sought to maintain operations while safeguarding its highly publicised dividend. Reports first emerged in March that the Dhahran-based company would look to offload a stake in the infrastructure in a deal worth around $10bn. However, the proposed agreement will not be a sale as was widely reported at the time. Instead, Petroleum Economist understands Aramco will lease, for a period of up to 25 years, a stake in the pipelines to a group of
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
